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Levon Resources Ltd (New) V.LVN


Primary Symbol: LVNVF

Levon Resources Ltd is a Mexico based company which is engaged in the mining business. The company is involved in silver, zinc, lead, and gold mining but majorly focuses on only silver mining. In terms of revenue, the organization receives more revenue from their Cordero project. The company restricts itself only in Mexico and does not exports.


OTCQX:LVNVF - Post by User

Bullboard Posts
Post by Runner5on Jun 21, 2011 9:01am
213 Views
Post# 18742638

Grades

GradesThey didn't publish the grades at each cut-off level, so I did a few calculations:

Cut-off     Indicated                                        Inferred                                    Total
$6            521.56Mt @0.88g/t AuEq            200.85Mt @1.00g/t AuEq      21.2Moz AuEq
$10         315.11Mt @1.07g/t AuEq            190.32Mt @1.03g/t AuEq      17.1Moz AuEq
$15         170.72Mt @1.45g/t AuEq            65.48Mt @1.80g/t AuEq         11.8Moz AuEq
$20         100.14Mt @1.75g/t AuEq            42.06Mt @2.23g/t AuEq           8.7Moz AuEq


At the low cot-off of $6, the grade is still fairly high (close to 1g/t). At the high cut-off of $20, it's still a sizeable deposit.

R.
Bullboard Posts